Mazagon Dock Shipbuilders Ltd. has approved an interim dividend of ₹5/- per equity share. This dividend is for the financial year 2026-27, with the company fixing November 03, 2026, as the record date. The payment for this interim dividend is expected to be completed by November 26, 2026, reflecting the company’s financial health and commitment to shareholder returns.
Mazagon Dock Shipbuilders Approves Interim Dividend
Mazagon Dock Shipbuilders Ltd. (MDL), a prominent shipbuilding company under the Government of India, has announced the approval of an interim dividend. The decision was made during a Board meeting held on October 27, 2026.
Dividend Details and Record Date
The Board has sanctioned an interim dividend of ₹5/- per equity share, with each share having a face value of ₹5/- fully paid-up. This dividend pertains to the financial year 2026-27. For the purpose of this interim dividend payout, the company has officially set Tuesday, November 03, 2026, as the ‘Record Date’. Shareholders whose names appear on the company’s register by this date will be eligible to receive the dividend.
Payment Timeline
The payment of the approved interim dividend will be processed and completed on or before November 26, 2026. This announcement is for the information and record of all stakeholders, highlighting the company’s proactive approach to shareholder value distribution.
Source: BSE